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531 East Monbo Road

531 East Monbo Road, Statesville, NC 28677
Property in Iredell
Sold Oct 22, 2009
$180,000
$178,500 by Carolina Farm Credit Aca
Mortgage Due Nov 01, 2029
Sold Mar 01, 1995
Transfer
Local assessors in Statesville, NC have categorized 531 East Monbo Road as a residential type of property. The home was built in 1900 and is 124 years old. It was most recently renovated and altered in 1979. The property's lot size has been calculated to be 553,212 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 531 East Monbo Road has a total of 1,320 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a hip style roof that was made of metal. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 531 East Monbo Road sold most recently in Oct 22, 2009 for a total of $180,000. If you work out the math, that's approximately a cost of $136.36 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,465 in taxes each year. The initial year of tax delinquency occurred in 2021. 531 East Monbo Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $386,980. If we break it down further, the land itself was valued at $270,190. Improvements to the property, however, were assessed at a total of $116,790. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1979
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 553,212
  • Lot Size Frontage Feet: 2,830
  • Total Building Area: 1,320
  • Gross Building Area: 1,596
  • Building Area: 1,320
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,320
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FALLSTOWN NORTHWEST
  • Land Acres: 12.7
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SR 1328

Ownership

  • Current Owner : KNOX CORY B
  • Current Owner 2: KNOX CLAIR L
  • Previous Owner : MURDOCK GAYLE E
  • Previous Owner 2: MURDOCK GEORGIA FRANZA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Iredell-Statesville Schools
  • School Tax School District: C
  • School Tax District Code 2: FR05
  • School Tax District Code 3: SW
  • Census Tract: 061202

Zoning

  • Zoning: RS

Geography

  • Assessors Map Reference: MAP:4731
  • Account Number: 77468344
  • District: 15
  • Parcel: 4731-04-1325.000
  • Block: 4
  • Municipality: FALLSTOWN
  • Latitude: 35.6977
  • Longitude: -80.9216

    Address

  • Full Address: 531 E Monbo Rd
  • Address - House Number: 531
  • Street Direction: E
  • Address - Street Name: Monbo
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Statesville
  • Carrier Code: R010
  • 4-Digit Zip Code: 9011
  • Zip Code: 28677

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,465
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: FR06

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 75
  • Final Value: 381,557
  • High Value: 451,965
  • Low Value: 311,150

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $178,500
  • First Open Lien Mortgage Lender: CAROLINA FARM CREDIT ACA
  • First Open Lien Mortgage Recording Date: Oct 22, 2009
  • First Open Lien Mortgage Loan Amount: $178,500
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2029

    Market Valuation

  • Market Total Value: $386,980
  • Market Land Value: $270,190
  • Market Improvement Value: $116,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $386,980
  • Assessed Land Value: $270,190
  • Assessed Improvements Value: $116,790

    Sales

  • Current Sale Contract Date: Oct 22, 2009
  • Current Sale Recording Date: Oct 22, 2009
  • Current Sale Transaction ID: 1126108249
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 01, 1995
  • Previous Sale Contract Date: Mar 01, 1995
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAROLINA FARM CREDIT ACA
  • First Mortgage Transaction Date: Oct 22, 2009
  • First Mortgage Loan Amount: $178,500
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2029

About Iredell



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Frequently Asked Questions

What neighborhood is 531 East Monbo Road located in?
The 531 East Monbo Road is a located in the neighborhood of Iredell in Iredell, Statesville.
What is the average sales price for listings in 531 East Monbo Road?
The average sales price for units in 531 East Monbo Road is $0 currently.

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